Chapter 396. for the retirement and recoinage of the trade-dollar
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CHAP. 396.— An Act for the retirement and recoinage of the trade-dollar.Mar. 3, 1887. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*,Trade-dollars to be exchangeable for silver dollars or coins. That fora period of six months after the passage of this act, United States trade-dollars, if not defaced, mutilated, or stamped, shall be received at the office of the Treasurer, 635 or any assistant treasurer of the United States in exchange for a like amount, dollar tor dollar, of standard silver dollars, or of subsidiary coins of the United States.
Sec. 2. That the trade-dollars received by, paid to, or deposited withTo be recoined into standard silver dollars or coins. the Treasurer or any assistant treasurer or national depositary of the United States shall not he paid outer in any other manner, issued, but, at the expense of the United States, shall be transmitted to the coinage mints and recoined into standard silver dollars or subsidiary coin, at the discretion of the Secretary of the Treasury: *Provided*, That the*Proviso*.Not included in purchases of bullion.Vol. 20, p. 25. trade-dollars recoined under this act shall not be counted as part of the silver bullion required to be purchased and coined into standard dollars as required by the act of February twenty eighth, eighteen hundred and seventy-eight.
Sec. 3. That all laws and parts of laws authorizing the coinage and Authority to coin repealed.[R. S., 3520, p. 97](/us/rs/t/s3520/p97).issuance of United States trade dollars are hereby repealed. Received by the President, February 19, 1887. [Note by the Department of State.—The foregoing act having been presented to the President of the United States for his approval, and not having been returned by him to the house of Congress in which it originated within the time prescribed by the Constitution of the United States, has become a law without his approval.]